Market Report

Palos Verdes Estates, CA

Single-Family Homes

Chartwell Escrow | 310.740.1708



Palos Verdes Estates, CA

Tue Oct 19 2021
This week the median list price for Palos Verdes Estates, CA is $3,897,500 with the market action index hovering around 55. This is about the same as last month's market action index of 55. Inventory has decreased to 26. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Palos Verdes Estates, CA

Tue Oct 19 2021
This week the median list price for Palos Verdes Estates, CA is $3,897,500 with the market action index hovering around 55. This is about the same as last month's market action index of 55. Inventory has decreased to 26. Click here to stay informed with the Palos Verdes Estates market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Palos Verdes Estates market.
Median List Price $3,897,500
Median Price of New Listings $2,672,500
Per Square Foot $929
Average Days on Market 110
Median Days on Market 81
Price Decreased 15%
Price Increased 4%
Relisted 0%
Inventory 26
Median Rent $11,000
Market Action 55
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$10,700,000 10,346 0.5 - 1 acre 6 9 19 0 0 231
$5,247,499 5,921 0.5 - 1 acre 6 5 17 0 0 98
$3,200,000 4,083 0.25 - 0.5 acre 5 4 60 1 3 70
$2,499,000 2,669 8,000 - 10,000 sqft 4 3 62 1 2 7